TBH Options History — September 2008

Name: TBH Options Analytics - September 2008
Creator: Options Analysis Suite

In September 2008, TBH traded between $11.80 and $16.99. ATM implied volatility averaged 143.2%, placing in the 70.7% IV rank vs the trailing year. The 30-day expected move averaged 41.1%. IV traded above realized volatility by 79.4% (HV 20d: 63.8%). Net GEX was positive for 12 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 1.00.

Notable Days

2008-09-04: Highest Volume — 20 contracts
2008-09-15: Largest IV spike — 212.7% change
2008-09-04: Highest IV Rank — 100.0%
2008-09-30: Largest Expected Move — 57.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$13.95	$11.80	$16.99	$16.99	$13.24
ATM IV	143.2%	51.2%	200.0%	61.2%	200.0%
Expected Move	41.1%	14.7%	57.3%	17.5%	57.3%
HV 20d	63.8%	39.7%	110.3%	39.7%	110.3%
HV 60d	51.4%	41.5%	72.3%	41.5%	72.3%
IV Rank	70.7%	12.6%	100.0%	22.4%	100.0%
IV Percentile	93.4%	48.8%	100.0%	73.0%	100.0%
Term Structure	-57.2%	-96.5%	24.9%	-27.8%	-83.5%
Skew 25d	-0.2%	-20.9%	11.3%	2.6%	8.8%
Skew 10d	1.4%	-24.9%	28.8%	-2.0%	15.5%
Call IV 25d	127.5%	55.2%	188.5%	170.2%	119.2%
Put IV 25d	127.4%	59.3%	174.5%	172.9%	128.0%
Bid-Ask Spread %	156.64	137.80	165.97	137.80	165.34
Gamma HHI	0.49	0.34	0.82	0.50	0.50
Net GEX	-115	-1.7K	12	0	9
Net DEX	6.9K	0	40.3K	0	4.1K
Net VEX	-67	-90	0	0	-71
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.00	1.00	1.00	1.00	1.00
Total Volume	2.381	0	20	0	0
Total OI	24.286	0	50	0	20

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2008-09-02	$16.99	$0.00	61.2%	17.5%	39.7%	22.4%	0.0%	0.0%	-27.8%	0	0	0	0.00	137.80	N/A	N/A	0	0	0	0
2008-09-03	$16.04	$0.00	78.2%	22.4%	43.2%	35.2%	0.0%	0.0%	-19.6%	0	0	0	0.00	140.92	N/A	N/A	0	0	0	0
2008-09-04	$15.24	$0.00	189.8%	54.4%	44.7%	100.0%	0.0%	0.0%	-75.5%	0	0	0	1.00	143.68	N/A	N/A	10	10	0	0
2008-09-05	$15.04	$0.00	120.1%	34.4%	44.6%	56.0%	0.0%	0.0%	-52.1%	3	2.4K	-90	0.00	160.23	N/A	N/A	0	0	10	10
2008-09-08	$14.83	$0.00	125.4%	35.9%	44.6%	59.4%	0.0%	2.6%	-54.5%	10	3.3K	-88	0.00	156.94	N/A	N/A	0	0	10	10
2008-09-09	$14.11	$0.00	130.1%	37.3%	45.7%	62.3%	0.0%	-13.0%	-64.8%	10	3.0K	-82	0.00	150.78	N/A	N/A	0	0	10	10
2008-09-10	$14.48	$0.00	130.1%	37.3%	47.6%	62.3%	0.0%	-6.8%	-63.1%	6	3.2K	-87	0.00	164.89	N/A	N/A	0	10	10	10
2008-09-11	$14.00	$0.00	134.0%	38.4%	47.2%	64.8%	0.0%	-15.8%	-69.0%	-186	3.5K	-87	0.00	149.06	N/A	N/A	0	0	10	20
2008-09-12	$14.69	$0.00	51.2%	14.7%	47.3%	12.6%	0.0%	4.0%	17.1%	-182	6.9K	-85	0.00	146.77	N/A	N/A	0	0	10	20
2008-09-15	$13.43	$0.00	160.0%	45.9%	54.9%	81.2%	0.0%	-18.9%	-69.6%	-362	3.7K	-82	0.00	162.19	N/A	N/A	0	20	10	20
2008-09-16	$13.15	$0.00	164.5%	47.2%	54.7%	84.0%	0.0%	-20.9%	-74.9%	-1.7K	8.1K	-80	0.00	158.60	N/A	N/A	0	0	10	40
2008-09-17	$11.80	$0.00	177.2%	50.8%	64.0%	92.0%	0.0%	-3.3%	-95.1%	-3	40.2K	-61	0.00	156.02	N/A	N/A	0	0	10	40
2008-09-18	$11.89	$0.00	179.4%	51.4%	61.1%	93.4%	0.0%	-2.0%	-96.5%	3	40.3K	-64	0.00	156.02	N/A	N/A	0	0	10	40
2008-09-19	$13.47	$0.00	170.4%	48.8%	79.8%	87.7%	0.0%	10.3%	-77.4%	-25	3.2K	-77	0.00	163.82	N/A	N/A	0	0	10	40
2008-09-22	$13.86	$0.00	116.6%	33.4%	81.2%	53.9%	0.0%	11.3%	24.9%	10	4.1K	-79	0.00	160.91	N/A	N/A	0	0	10	10
2008-09-23	$13.53	$0.00	161.6%	46.3%	80.9%	82.2%	0.0%	11.0%	-57.4%	9	4.1K	-73	0.00	160.96	N/A	N/A	0	0	10	10
2008-09-24	$13.19	$0.00	174.7%	50.1%	81.0%	90.5%	0.0%	10.8%	-63.3%	12	4.0K	-74	0.00	164.20	N/A	N/A	0	0	10	10
2008-09-25	$13.91	$0.00	170.4%	48.9%	83.0%	87.7%	0.0%	11.1%	-70.8%	9	3.8K	-78	0.00	161.03	N/A	N/A	0	0	10	10
2008-09-26	$14.17	$0.00	172.6%	49.5%	83.6%	89.2%	0.0%	10.6%	-71.5%	8	3.5K	-79	0.00	165.97	N/A	N/A	0	0	10	10
2008-09-29	$11.92	$0.00	139.8%	0.0%	101.2%	68.5%	0.0%	-3.2%	0.0%	6	3.3K	-66	0.00	163.29	N/A	N/A	0	0	10	10
2008-09-30	$13.24	$0.00	200.0%	57.3%	110.3%	100.0%	0.0%	8.8%	-83.5%	9	4.1K	-71	0.00	165.34	N/A	N/A	0	0	10	10